Guilford, MO Economy


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Guilford, MO is an ideal place to live with its lower rent costs and grocery cost index. Two bedroom apartments in the area are typically around $980, which is significantly less than the national average of $1,430. Additionally, groceries are much cheaper in Guilford than other parts of the country with a grocery cost index of 98 versus 100 in the US. Many popular companies call this area home such as Eagle Express Lines Inc., Central Label Co., and La-Z-Boy Midwest Distribution Center. With its high quality of life and affordability, Guilford is a great place to settle down!

Guilford has an unemployment rate of 2.9%. The US average is 6.0%.

Guilford has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.

Tax Rates for Guilford
- The Sales Tax Rate for Guilford is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Guilford is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Guilford
- The average income of a Guilford resident is $22,577 a year. The US average is $37,638 a year.
- The Median household income of a Guilford resident is $42,292 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGuilford, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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